M&A Deal Summary

Patrick Acquires Maple City Woodworking

On March 16, 2020, Patrick acquired building materials company Maple City Woodworking

Acquisition Highlights
  • This is Patrick’s 14th transaction in the Building Materials sector.
  • This is Patrick’s 48th transaction in the United States.
  • This is Patrick’s 28th transaction in Indiana.

M&A Deal Summary

Date 2020-03-16
Target Maple City Woodworking
Sector Building Materials
Buyer(s) Patrick
Deal Type Add-on Acquisition

Target

Maple City Woodworking

Goshen, Indiana, United States
Maple City Woodworking Corp. is a manufacturer of hardwood cabinet doors and fascia for the recreational vehicle ("RV") market.

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Buyer(S) 1

Buyer

Patrick

Elkhart, Indiana, United States

Category Company
Founded 1959
Sector Building Materials
Employees10,000
Revenue 3.5B USD (2023)
DESCRIPTION
Entrance to Patrick Industries' corporate headquarters in Elkhart, Indiana.
Entrance to Patrick Industries' corporate headquarters in Elkhart, Indiana.

Patrick is a manufacturer of building products and materials to the manufactured housing and recreational vehicle industries. The Company also supplies many of its products to the Industrial market that include customers in the kitchen cabinet, household furniture, fixtures and commercial furnishings, marine, architectural and the automotive aftermarket. Patrick was founded 1959 and is based in Elkhart, Indiana.


DEAL STATS #
Overall 48 of 61
Sector (Building Materials) 14 of 16
Type (Add-on Acquisition) 43 of 55
State (Indiana) 28 of 32
Country (United States) 48 of 61
Year (2020) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-23 Topline Counters

Sumner, Washington, United States

Topline Counters LLC is a designer, engineer, manufacturer and installer of a full suite of natural stone, quartz, laminate, and solid surface kitchen and bathroom countertops, serving the single-family and multi-family residential markets as well as the commercial high-rise and big-box retail markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-03 Inland Plywood

Pontiac, Michigan, United States

Inland Plywood Co. is a premier supplier, laminator, and wholesale distributor of treated, untreated, and laminated plywood, medium density overlay panels, and other specialty products, primarily serving the marine market as well as the recreational vehicle ("RV") and industrial markets. Inland Plywood is based in Pontiac, Michigan.

Buy -